Best Nationally Available High APY Liquid Accounts

We do have TIAA MM locked at 1.40%. Actually I thought Nationwide would be ok, but NO, 1.0% Savings & MM down to 1.30% & requires $1000 to open. (put money there, but I’m taking it out). :woozy_face:

I do have Patriot Bank MM 2.26%, but expect that to drop soon.

I did telephone them and they looked me up in their system. Because I had the deal back in 2014 they would not extend it to me a second time. So I was out of luck.

Reminder

National Cooperative Bank Impact MM remains at 1.52% APY. Min is five grand.

Link to NCB

How much longer? I dunno.

All America and Redneck Money Market interest rates will decline per the notice on their websites:

Effective 6/22/2020 1.09% APY

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Yes, very bad. Ken’s top story at the moment…

Fed Projections Show Zero Rates Through 2022

Effective 6-12-20, Ally Online Savings rate will be reduced to 1.10% APY

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Oh! . . . about that thud you heard earlier:

PurePoint today dropped to 1.01% APY.

They always drop on a Friday so you cannot get your dough out until the following Monday.

Can NBD be far behind? I doubt it.

Today’s drops:

CFG Bank High Yield Money Market was 1.50% now 1.36%
Purepoint Online Savings was 1.25% now 1.01%
Ally Online Savings was 1.25% now 1.10%
Discover AAII Online Savings was 1.20% now 1.10%
Discover Online Savings was 1.15% now 1.05%

With the way rates continue to decline, for those who didn’t get in on the TIAA 1 year rate lock at 1.40%, it may make sense to lock in there at 1.01% for a year if you’re eligible for an account. Not sure how long it’ll last.

my 5 year Add-On CD @ 3.15% at American Airlines Credit Union that I opened last summer is starting to look pretty good. If someone opened today it would be 1.7% There’s a $50k cap and it will mature in Aug 2024. I guess I’ll move some funds there after I run out of deposit sign up bonuses.

Affinity Plus FCU has a 2% money market on up to $25k, only seems to require a $500 DD rather than debit card transactions.

https://www.depositaccounts.com/banks/affinity-plus-cu/offers/

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Marcus: 1.05%
Barclays: 1.00%

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Today’s drops:

Patriot Bank Money Market was 1.75% now 1.40%(rate guaranteed for new customers until 7/31/20)
Dollar Savings Direct Savings was 1.40% now 1.30%
Popular Direct Savings was 1.30% now 1.20%
Bank 7 High Rate Online Savings was 1.30% now 1.10%
Citizen’s Access Online Savings was 1.30% now 1.15%
Marcus Online Savings was 1.30% now 1.05%
Capital One 360 Performance Savings was 1.15% now 1.00%
Barclays Online Savings was 1.15% now 1.00%

A rare increase:

Nationwide(Axos) My Savings was 1.00% now 1.40%(maybe the rate drop a week ago was a mistake)

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Would anyone pls share experience with fees &timing in &out for ach transfers initiated at gte with respect to in & out at external banks? Any days of lost or double interest? Am I correct there is a daily limit of $5000? Any way to request this to be increased?

Stolen from a poster on another forum to explain the Nationwide “increase” from yesterday:

Nationwide apparently changed the rules (making it hard to get the 1.40%)
"Earn up to 1.40% APY with My Savings when you open a My Checking account and set up a $1,000 direct deposit. Easy peasy.“
OR
"Not ready for a My Checking account? You can still earn 1.00% APY with a My Savings account, a la carte.”*

My Nationwide Summary
Regular earns 1.30% if balance over $300
Money Market earns 1.30% if balance over $10,000
Saving is 1.40% with MyChecking
Saving is 1.00% without MyChecking

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Thx for these updates. Any idea what will replace the CustomersBank Ascent MoneyMarket aftr 6-30-2020?

Quite possibly the 0.25% rate they are offering new customers.

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Today’s drops:

First Foundation Online Savings was 1.45% now 1.20%
CIBC Online Savings was 1.35% now 1.15%
Live Oak Bank Personal Savings was 1.35% now 1.15%
Connect One Bank Online Savings was 1.25% now 1.10%
My e Banc Money Market was 1.20% now 1.00%
Rising Bank High Yield Savings was 1.20% now 1.10%
FNBO Direct Online Savings was 1.00% now 0.90%
Credit Karma Savings was 0.56% now 0.52%

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Today’s drops:

CFG Bank High Yield Money Market was 1.36% now 1.25%
Redneck Bank Mega Money Market was 1.35% now 1.10%
All America Bank Mega Money Market was 1.35% now 1.10%

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Was checking up for a parent. With both CIT and marcus near ~1%, noticed that Citi is 1.3% (of course it could drop in a few days.

$700 bonus after 6 months, too ($50k minimum for no fee, “Priority” checking/savings).

Click through the banner from the main Citi.com page to see the $700 offer terms.

It’s 1.20% now I believe.

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